22
$899,900
8 Bed
4 Bath
2,456 Sqft
0 Acre Lot

2739 12th Avenue, Denver, Colorado 80204

map-entry
  • Residential Income Property Type
  • 2,456 Sqft Square Footage
  • 1894 Year Built
Property Description

EXCELLENT OPPORTUNITY AT BOTH A 6.9 CAP (projected, rents go up in the fall at lease renewal to the 2024 rates) & FUTURE DEVELOPMENT POTENTIAL WITH C-MX-5 ZONING! Duplex property located in Sun Valley Neighborhood, 4 bedrooms per side, rents go up in the fall at lease renewal – section 8 4 bedrooms 2024 fair market value is $3,548 per unit. Property is currently rented with 4-bedroom Section 8 Vouchers, rent payments are guaranteed on the first of the month via direct deposit. Property has been stabilized for 8 years straight and is great for cash flow while future development entitlements are finalized. PLEASE DO NOT BOTHER TENANTS, NO SHOWINGS UNTIL A CONTRACT IS SUBMITTED.

Basic Details
Residential Income
For Sale
5907008
$899,900
8
4
0
2,456 Sqft
1894
0 Acre
Active
Duplex
Features
: Natural Gas, Forced Air
: Composition
: Wood, Carpet, Linoleum
: In Unit
Address Map
US
CO
Denver
Denver
80204
12th
2739
Avenue
0
W106° 58' 46.3''
N39° 44' 5.4''
Neighborhood
Fairview
North
Strive Lake
Additional Information
$0
6.9
$0
1 Common Wall
$0
: Brick, Frame, Wood Siding, Stucco
12th and Federal. From 6th Ave and Federal: South on 6th Ave to W Holden Pl, east 1 block, south to 12th Ave, east to property.
Denver 1
$59,672
Denver 1
Yes
$0
(303) 997-4001
$23,349
REcolorado
5054-07-024
4
09/07/2024 14:22:17
22
Public Sewer
Duplex
$1,889
2018
$0
$0
2739 W 12th Avenue, Denver, Colorado 80204
$0
C-MX-5
Agent info
Adam Sessions
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The data relating to real estate for sale on this website comes in part from the REColorado. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Sessions Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Property locations as displayed on any map are the best approximations only and exact locations should be independently verified.

The IDX display presents information sourced from Information and Real Estate Services, LLC (IRES). The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. Information deemed reliable but not guaranteed by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. ©2024 Information and Real Estate Services, LLC (IRES) all rights reserved.

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